Wolf Commercial Real Estate is the leading Berlin commercial real estate brokerage firm that represents a full range of Berlin industrial space for buyers, sellers, owners and tenants.

We are the unparalleled experts in handling industrial space in Berlin for traditional uses such as warehousing and manufacturing, as well as more complex Berlin industrial flex space for multiple uses under one roof, such as offices, showrooms, warehousing and more. Our Berlin commercial real estate brokerage firm has the people, the power and the connections you need.

In today’s commercial real estate market, Wolf Commercial Real Estate is the Berlin commercial real estate broker that buyers, sellers, owners and tenants increasingly rely on to meet their commercial real estate goals. We provide the highest quality of service, proven expertise and total commitment to client-focused relationships. At Wolf Commercial Real Estate, we supply clients and prospects with ongoing detailed information about industrial space in Berlin to help them make smart decisions in an often-challenging market.

If you are planning to buy or lease Berlin industrial flex space, Wolf Commercial Real Estate is the Berlin commercial real estate broker your need. Our team of real estate professionals will identify the Berlin industrial buildings that is best suited to your needs. We’ll examine the sale or lease terms for your new property to assure that they work well with your commercial real estate goals. We are the partner you can trust from the beginning of the relocation process to the very end to ensure a smooth, trouble-free transition into your new Berlin industrial space.

If you are planning to sell or lease your Berlin industrial buildings, our Berlin commercial real estate brokerage firm has developed a defined marketing process that gets results. We tailor that highly successful process for each individual property and sub-market, resulting in a unique marketing strategy that efficiently matches buyers and tenants with available Berlin industrial flex space. With demand for Berlin industrial buildings that are vacant or for sale increasing, now is the time to market your industrial space in Berlin.

In an improving economy, industrial property can change hands frequently. In a declining one, industrial property owners may be forced to wind up operations and close the facility. If you own or intend to purchase or shut down an industrial facility in New Jersey, pay particular attention to the provisions contained in the state’s Industrial Site Recovery Act.

ISRA is a unique environmental law that requires industrial facility owners and operators to investigate and remediate environmentally impacted media prior to the sale, transfer, or decommissioning of certain types of businesses. The thrust behind the law centers on the assumption that such industrial establishments, typically of the manufacturing variety, discharge, intentionally or not, contaminants during their useful life. Thus, before a sale, transfer, or closure, such property should be cleaned up appropriately. While there are exceptions, ISRA generally governs as follows.

ISRA applies to any individual or entity, corporate or governmental, who owns an industrial establishment, owns the real property of an industrial establishment, or operates an industrial establishment in New Jersey. The law only regulates those facilities listed in ISRA’s Appendix C and as defined by the North American Industry Classification System (NAICS) codes therein. Such industrial
establishments falling under ISRA’s purview include those used for chemical manufacturing, hazardous waste treatment and disposal, and utilities, to name a few. In addition, to qualify as an industrial establishment for purposes of ISRA, the business must have operated in the state on or after December 31, 1983 and use and/or store hazardous substances as defined by the state’s Spill Compensation and Control Act.
As the owner or operator of an industrial establishment, the need to comply with ISRA arises after a triggering event. Triggering events include significant changes in ownership or operation, such as business and property sales, cessation of operations, and leases for 99 years or longer. Examples of transactions not subject to ISRA include corporate reorganization not substantially affecting facility ownership, stock transfers, and easement grants. Similarly, portions of solid or hazardous waste facilities and undeveloped or vacant land are not considered industrial establishments for purposes of ISRA.

If a facility is subject to ISRA, and it does not qualify for any of the waivers or exemptions contained therein, the owner or operation must file a General Information Notice within five (5) days of any triggering event. Once notice is made, the owner or operator must conduct an environmental investigation in compliance with New Jersey’s Technical Requirements for Site Remediation,
found at N.J.A.C. 7:26E. At a minimum, a Preliminary Assessment (PA) must be performed by a Licensed Site Remediation Professional (LSRP) to identify any and all Areas of Concern. It should be noted that the scope of a PA differs materially from the American Society for Testing and Materials’ Phase I standard.

As such, if the PA discovers Areas of Concern, a subsequent Site Investigation shall be performed. The Site Investigation will explore the contaminants and determine if such exceed the current remediation standards contained in N.J.A.C. 7:26C. If contaminant levels exceed current standards, a Remedial Action Workplan (RAW) shall be proposed. The LSRP will oversee all remedial investigations and shall deliver a Response Action Outcome (RAO) once the property is deemed to be remediated to current state standards. For establishments undergoing a sale or transfer, an owner or operator must obtain an RAO, or a LSRPcertified RAW, before the transaction. For properties shutting down, an owner or operator must notify NJDEP after closing and submit a RAO or LSRP-certified RAW thereafter.

ISRA does however, allow an owner or operator to transfer ownership without an RAO or RAW in limited circumstances. An owner or operator may submit a remediation certification pursuant to N.J.A.C. 7:26B-3.3(c) instead of a RAO, or the Department can approve a regulated underground storage tank or remediation in progress waiver or a de minimis quality exemption. It should be stressed that both an owner and/or operator are strictly liable, without regard to fault, for compliance with ISRA. An
owner or operator’s failure to comply with ISRA allows a potential purchaser to rescind the sale and recover damages. Thus, it is of great importance, whether you are looking to buy, sell, or shutter an industrial establishment in New Jersey, to contact an attorney experienced in ISRA. The cost of doing business is great, but the cost of non-compliance is even greater.

The biggest challenge for Real Estate Investment Trust (REIT) investors with respect to interest rates is that while bond yields change quickly, changes in real estate fundamentals take time to work through the system. In the S&P 500, real estate is currently the third-highest-yielding sector at 3.5% (28 companies represented), compared with the S&P average of 2.1%. REITs have historically provided steady dividend growth along with capital-appreciation potential. Although there wasn’t much anger and there remains lots of denial as we approach the Fed’s next move, I think they’re getting closer and closer to acceptance.

Key Takeaways:

All signals suggest that The Federal Reserve will increase rates this week, traders suggest there’s a 90% probability.

Changes in real estate fundamentals take time.

The stars have lined up for REIT investors. Rate increases simply suggest that the economy is improving and more REIT tenants should benefit from economic growth.

This Berlin industrial building for sale or lease has right around 35,500 square feet of Berlin industrial and flex space for sale or lease. This Berlin industrial space for sale is worth serious consideration by both investors and owner-occupants.

There are about 18,562 square feet of Berlin warehouse space for sale or lease at this industrial space in Berlin. Another 8,006 square feet of this Berlin industrial space for sale or lease can hold a showroom. This Berlin industrial building for sale or lease also features about 8,932 square feet of Berlin office space for sale or lease.

The asking sale price for this Berlin industrial and flex space for sale or lease at 110 Cushman Avenue West Berlin NJ is $2,350,000. The asking lease price for this industrial space in Berlin is $9.00/sf NNN. This Berlin industrial space for sale or lease can be purchased or rented from Wolf Commercial Real Estate, a Berlin commercial real estate broker that works tirelessly on Berlin commercial real estate listings and services.

Building improvements recently were undertaken and completed at this Berlin industrial space for sale or lease that also can serve as a Berlin office space for sale or lease. This Berlin industrial and flex space for sale at 110 Cushman Avenue West Berlin NJ comes with four drive-ins and 18-foot ceilings. About 16,000 square feet of this industrial space in Berlin is served by the HVAC system and this Berlin industrial building for sale or lease has 25 convenient parking spaces.

This Berlin industrial space for sale or lease is in a Regional Commercial Growth Zone (C-3 RGA ZONE). You’ll also find facade signage at this Berlin industrial building for sale or lease through Wolf Commercial Real Estate, a Berlin commercial real estate brokerage firm that has a a great deal of experience in Berlin commercial real estate listings and services.

This Berlin warehouse space for sale or lease sits on about eight acres very close to Route 73 and you can quickly get to and from Route 30 from this Berlin office space for sale or lease. This Berlin warehouse space for sale or lease also is near Atlantic City Expressway and Cooper Road.

When you are within a five-mile radius of this Berlin industrial and flex space for sale at 110 Cushman Avenue West Berlin NJ, you will find in excess of 101,000 people. Residents near this Berlin industrial space for sale or lease have an average household income of nearly $90,000.

For more information about this Berlin industrial space for sale lease at 110 Cushman Avenue West Berlin NJ or about any other Berlin commercial properties for sale or lease, please contact Christopher Henderson (856-857-6337; chris.henderson@wolfcre.com) or Scott Seligman (856-857-6305; scott.seligman@wolfcre.com) at Wolf Commercial Real Estate, a Berlin commercial real estate broker.